Lockheed Martin has signed an agreement with India’s Tata Advanced Systems to produce F-16 fighter planes in India.

The announcement comes days before PM Modi travels to Washington for a first meeting with Trump.

India will also have the chance to export F-16 that is flown by air forces around the world

Tata is already building airframe components for the C-130 military transport aircraft.

Ram Nath Kovind Nominated For President

Bihar Governor Ram Nath Kovind has been named as BJP’s presidential nominee.

He is a lawyer by profession and has practised in both the Delhi HC and the Supreme Court.

He was elected as a Rajya Sabha MP from Uttar Pradesh and served two consecutive terms for 12 years, from 1994 to 2006.

He has also represented India at the United Nations and has addressed the UN General Assembly in 2002.

Greece blocks EU criticism

Greece has blocked a European Union statement at the United Nations criticizing China’s human rights record.

EU diplomats said, the decision by Greece, which has benefited from huge Chinese infrastructure investment in recent times, undermined efforts to confront abuse by China.

It marks the first time EU had failed to make its statement at the UN’s top rights body.

World’s Fastest Machine

According to a list released today by researchers in the US and Germany Two Chinese supercomputers have been declared the fastest machines in the world.

China’s Sunway TaihuLight and Tianhe-2 are the world’s fastest and second fastest machines.

While Switzerland’s Piz Daint and the US’ Titan took the third and fourth positions respectively.

South Korea to end use of nuclear power

South Korea’s President Moon Jae-in, has vowed to phase out the country’s dependence on nuclear power, following fears of a Fukushima-style meltdown.

He has decided not extend the operation of ageing reactors, many of which will come to end of their lifespans between 2020 and 2030.

He has decided to completely scrap construction plans for new nuclear reactors that are currently under way.

No departure card from July 1

Govt has decided to discontinue the practice of filling up of the departure card by Indians at all international airports with effect from July 1, 2017.

The move is aimed at ensuring hassle-free movement of Indians going abroad.

However, those going out of the country via rail, seaport and land immigration checkposts will have to fill the embarkation card.

RBI directs IDBI to start insolvency

Lanco Infratech has said that RBI has directed its lead lender IDBI Bank to initiate insolvency proceedings for the company under the Insolvency and Bankruptcy Code.

The company is among 12 firms identified by the central bank with a combined debt of over Rs 1,50,000 crore.

Shares of Lanco tanked 20% to a record low after the confirmation.

AIIB approves 3 new members

Asian Infrastructure Investment Bank has approved membership of Argentina, Madagascar and Tonga at its 2nd annual meeting of governors.

Approved applicants included 1 regional prospective member of Tonga and 2 non-regional members of Argentina and Madagascar.

They will officially join AIIB once they complete the required domestic processes and deposit first instalment of capital with bank.

Venkaiah launches Urban housing project

To give push to the National Mission of Housing for All in Andhra Pradesh, Union Minister of Housing & Urban Poverty Alleviation Venkaiah Naidu launched urban housing project for financially backward people of state.

The affordable housing project will be built in G+3 stories across 38 urban spaces in the State.

National Mission of Housing for All aims to provide shelter to all by 2022.

Experts resign from Trump HIV/AIDS panel

Six top health advisors have resigned from Donald Trump’s advisory council on HIV/AIDS.

HIV project director Scott Schoettes said the Trump administration has “no strategy” on AIDS and that he and his five colleagues will be more effective advocating for change from the outside.

Schoettes cited data showing that only 40% of people living with HIV in the US can access life-saving medications.

Despite pulling out with immediate effect, McDonald’s will continue at next year’s Pyeongchang winter Olympics as a domestic sponsor.